$260K  
The Socorro market broke below its 12-month average sales volume this week as sales slid 31.2% to hit 11 homes sold over the last 30 days. On the other hand, close-by El Paso registered 383 homes sold in the same time frame, the most of all surrounding cities. The prices of sold homes went up with the median sales price setting a three-month high at $118,000.
Comments:

$290K  
The Socorro market's success streak continued to three-weeks with a three-month record high 15 homes sold in the last 30 days, a 7.1% spike from the prior period. When comparing other close-by municipalities within the same period, the most came from El Paso with 408 sales. Potential buyers should take note that the median sales price in Socorro rose to $106,000 and that there are four months of inventory still available.
Comments:

$185K  
Sales stayed firm at 14 homes sold over the last 30 days in the Socorro market. Sellers can expect less competition, however, due to a six-week downward trend in homes coming into the market, now down to 14 for the same period. All indications show that the trend should continue, meaning less new listings over the next few weeks. There are four months of inventory remaining in the market, and that will likely remain the case as the median sales price climbed to $84,475 this week.
Comments:

$185K  
There were 14 home sales in the Socorro market over the last 30 days, while coming close to the 14.7 monthly average for the last 12 months. To put it in perspective, close-by El Paso registered 433 homes sold in the same time frame, the most of all surrounding cities. Potential buyers should take note that the median sales price in Socorro climbed to $81,699 and that there are four months of inventory still available.
Comments:

$224K  
Socorro is a larger than average city in Texas with 32,013 residents. Its population is also growing faster than others at a 10-year growth rate of 18.7%. With an ownership ratio of 73.0%, most people in Socorro are homeowners. The top school in the city is Keys Elementary School.
Comments:

$119K  
There were 13 home sales in the Socorro market over the last 30 days, while coming close to the 14.9 monthly average for the last 12 months. Within the same time frame, El Paso had 414 sales, the most of all cities in the area. Potential buyers should note that prices are coming down in Socorro, and for this period the median sales price slid from $81,750 to $80,000.
Comments:

$103K  
With a confirmed downward trend of new sellers listing homes, including 20 over the last 30 days, and sales that inched up to 12 in that same time frame, the Socorro market will be less intense. As new listings trended lower, prices have also been falling. The median sales price dropped to $81,750, extending a four-week long spiral.
Comments:

$237K  
The number of homes coming into the Socorro market fell to 16 listings over the last 30 days, while sales remained right where they were as once again 10 homes were sold over the same period. Potential buyers should note that prices are coming down in Socorro, and for this period the median sales price slid from $81,750 to $76,475.
Comments:

$185K  
In this week's report, the number of homes sold in the Socorro market slid to 10 over the past 30 days, a decrease of 16.7% from last week's report. On the other hand, close-by El Paso registered 420 homes sold in the same time frame, the most of all surrounding cities. Potential buyers should note that prices are coming down in Socorro, and for this period the median sales price slid from $84,250 to $81,750.
Comments:

$237K  
The Socorro market was active in this week's report, as the number of home sales rose 33.3%, pushing the total to 12 homes sold over the last 30 days. In comparison, nearby El Paso had 398 sales in the same time frame, the most of all neighboring cities. Potential buyers should note that prices are coming down in Socorro, and for this period the median sales price slid from $89,900 to $84,250.
Comments:
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